The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners … [Read more...]
National and Metro Denver Real Estate Housing Market Updates
Frequently updated insights into the national U.S. real estate housing market as well as the local Denver real estate housing market.
Millennials Will Increase Demand for Condominiums
When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a … [Read more...]
3 Updates On Today’s Housing Market: Interest Rates, Building Materials, Economy
A lot is happening in the world, and it’s having a direct impact on the housing market. The reality is this: some of it is positive and some of it may be negative. Some we just don’t know yet. The following three areas of the housing … [Read more...]
Denver Metro Real Estate Market – May 2019
DMAR Market Highlights: Denver remains a top destination for Millennials to put roots down and live according to a study by the National Association of REALTORS® The percentage of transactions involving seller concessions in the … [Read more...]
The Story Behind Changing Home Prices
Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation … [Read more...]
It’s a Buyers or Sellers Market Depending on the Type of Home [INFOGRAPHIC]
A Tale of Two Markets: A trend that has been emerging for some time now is the contrast between inventory and demand in the premium and luxury markets versus the starter and trade-up home markets and what that is in turn doing to … [Read more...]
Let’s Look at What People Are Saying About an Economic Slowdown
Recently, it was reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of … [Read more...]
National Housing Market: Existing Home Sales Slow to Start This Spring [INFOGRAPHIC]
Some Highlights: Existing Home Sales slowed to an annual pace of 5.21 million home sales in March. Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months. Median home … [Read more...]
Home Buyer Demand Is Strong Again This Spring
Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade. However, according to two separate … [Read more...]
Stabilize Home Values Are Stabilizing
The percentage of home price appreciation on a year-over-year basis has decreased each month for over a year. The question was how far annual appreciation would fall. It seems we may now have the answer. In a recent post on the National … [Read more...]
Millennials Will Contribute to Strong Home Buyer Demand For Many Years
There has been a lot written about millennials and their preference to live in city centers above their favorite pizza place. Some have even gone so far as to say that millennials are a “Renter-Generation”. And while this might be true … [Read more...]
Denver Metro Real Estate Market – April 2019
DMAR Market Highlights: Metro Denver is still a seller’s market, but increased housing inventory means improved conditions for homebuyers Number of new residential listings (single-family and condos) was up 21.75% from February. … [Read more...]
What You Need to Know About Today’s Real Estate Market in 3 Charts
The Housing Market has been a hot-topic in the news lately. Depending on which media outlet you watch, it can start to be a bit confusing to understand what’s really going on with interest rates and home prices! The best way to show … [Read more...]
Should Homebuyers Worry About A 2008 All Over Again? Short Answer: No. Here’s Why…
Last week, realtor.com released a survey of active home shoppers (those who plan to purchase their next home in 1 year or less). The survey asked their opinion on an impending recession and its possible impact on the housing market. Two … [Read more...]
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